Yes Bank shares tumble over 20% in two weeks amid AT-1 bond shock: Is more downside ahead? Here's what experts say
60-Word AI Digest
Yes Bank shares have plunged amid uncertainty over the Supreme Court decision restoring claims on ₹8,415 crore of AT-1 bonds written down in 2020. Brokerages warn of pressure on capital, earnings and growth, while improving profits and asset quality offer some support.
Key Takeaways
- Yes Bank shares have plunged amid uncertainty over the Supreme Court decision restoring claims on ₹8,415 crore of AT-1 bonds written down in 2020.
- Brokerages warn of pressure on capital, earnings and growth, while improving profits and asset quality offer some support.
- Full details and original dispatch available below.
Yes Bank shares have plunged amid uncertainty over the Supreme Court decision restoring claims on ₹8,415 crore of AT-1 bonds written down in 2020. Brokerages warn of pressure on capital, earnings and growth, while improving profits and asset quality offer some support.
Original Publisher Attribution
This summary was curated from Livemint.